Nearly $500,000,000 in six months – this is how much FORSAGE users have earned on the Ethereum blockchain, apart from their income on the TRON blockchain.
Bitcoin reached a new all-time high, reaching $23,500 per coin. But the cryptocurrency failed to gain a foothold at this level.
The US-based exchange CME announced its plans to launch Ethereum-pegged futures in February 2021. CME was one of the first traditional financial markets to launch bitcoin futures trading in 2017.
While bitcoin is updating its historical highs, large investors prefer not to get rid of the cryptocurrency, but to keep it for a long time. According to Chainalysis, the number of bitcoin wallets with more than 1,000 BTC reached a new all-time high.
On December 12, 2010, the member of the Bitcointalk forum under nickname Satoshi Nakamoto left his last message on the forum, after which he stopped communicating with the community.
Financial analysts acknowledge the growing interest in alternative financial instruments and their potential due to investor distrust in the monetary policy of national central banks.
IntoTheBlock: Number of ETH Blocked in DeFi Protocols Decreases Due to Launch of ETH 2.0 Deposit Contract
IntoTheBlock analysts revealed that the number of Ethereum coins blocked in DeFi protocols reduced allegedly due to the launch of the deposit smart contract created for Ethereum 2.0.
From November 30 to December 6, institutional investors invested $429 million in cryptocurrencies. This is the second-largest inflow of institutional money in the history of the cryptocurrency market.
The Paris court announced its sentence to Russian citizen Alexander Vinnik, accused of large-scale money laundering through the BTC-e crypto exchange. He was sentenced to five years in prison and a fine worth more than €100,000.
Marketplaces in the darknet made more money in 2020 than ever before, according to a Chainalysis report. Since the beginning of the year, their revenues already exceeded $1.5 billion.
Libra digital currency project was suddenly renamed Diem. The purpose of the rebranding is to distance itself from the social network Facebook and obtain organizational independence.
The zero phase of Ethereum 2.0 was successfully activated in the Ethereum network. The Beacon signal chain will allow stakers to make money on their deposits, as the network starts its transition to the new Proof-of-Stake consensus.
On December 1, the largest cryptocurrency by market capitalization surpassed the previous all-time high reached in 2017.
The cryptocurrency market continues to break records. November 2020 demonstrated a sharp surge in trading volumes on crypto exchanges due to the arrival of institutional investors.
On November 26, the cryptocurrency market turned to correction. Bitcoin fell in price by more than $2000 per day. This coincided with a massive influx of coins to crypto exchanges.
The Libra cryptocurrency will see the green light despite the unsuccessful start of the project and pressure from regulators. Facebook could release dollar-pegged stablecoins as early as January 2021.